Listing Office: Windermere Real Estate/East Northwest Multiple Listing Service Logo

7001 242nd Avenue Ne, Redmond, WA

$1,299,000

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4.92

Acres

About 7001 242nd Avenue Ne

A rare 4.92-acre property offering close-in acreage in the heart of Union Hill. Tucked away at the back of Swan Lake Estates on a quiet, dead-end road, this privately gated property is largely cleared, sunny, and bordered by a creek for added privacy—all while surrounded by $2Million+ estate homes. The existing home offers more than 3,000 square feet with 4 bedrooms, an office, bonus space, oversized laundry room, and a daylight basement—providing an incredible opportunity to renovate and create something truly special. A detached garage and woodshed add even more flexibility. The bones are here; with some TLC, this property could be phenomenal. Or reimagine the property entirely and create your dream estate, with room for expansive lawns, gardens, a shop, equestrian amenities, or additional outbuildings. With no CCRs, the possibilities are extensive. A unique combination of privacy, usable acreage, versatility, and an estate-worthy setting—all just minutes from downtown Redmond.

Features of 7001 242nd Avenue Ne

MLS® # 2581227
Price $1,299,000
Acres 4.92
Type Land
Sub-Type Land
Status Active

Community Information

Address 7001 242nd Avenue Ne
Area 550 - Redmond/Carnation
Subdivision Union Hill
City Redmond
County King
State WA
Zip Code 98053

Amenities

Parking Garage
View Territorial
Is Waterfront Yes
Waterfront Creek

Interior

Fireplace No

Exterior

Lot Description Dead End Street, Paved, Secluded

School Information

District Lake Washington
Elementary Alcott Elem
Middle Evergreen Middle
High Eastlake High

Additional Information

Date Listed September 10th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere Real Estate/East

Listing Map

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